ITC Holdings Corp.


ITC Holdings Ends $1.8 Billion Entergy Purchase

Novi-based ITC Holdings Corp. (NYSE: ITC) Friday announced it would give up on a $1.8 billion transaction to buy the high-voltage power lines of the New Orelans utility Entergy.

WWJ Newsradio 950–12/15/2013

HR Notices From Dec. 2

The latest staffing, leadership and boardroom announcements from Michigan’s technology-focused companies, institutions and groups.

WWJ Newsradio 950–12/02/2013

ITC Holdings Revenue, Earnings Rise; Earnings Guidance Narrowed

The Novi power grid owner ITC Holdings Corp. (NYSE: ITC) Thursday reported net income of $59 million or $1.12 a share in the third quarter ended Sept. 30, up from $51.2 million or 98 cents a share in the third quarter of 2012.

WWJ Newsradio 950–10/31/2013

ITC Announces Aerial Inspections Of Major Power Lines

If you see a helicopter hovering near major power lines between now and Halloween, don’t flip out. It’s a normal inspection.

WWJ Newsradio 950–10/17/2013


ITC Revenue, Profits Rise In Second Quarter, Six Months

Novi-based ITC Holdings Corp. (NYSE: ITC), the nation’s largest independent electric transmission company, reported net income of $47.4 million or 90 cents a share in the second quarter ended June 30, up from $42.4 million or 81 cents a share in the same quarter a year earlier.

WWJ Newsradio 950–07/24/2013


ITC Holdings Prices $550 million Debt Offering

The independent power grid manager ITC Holdings Corp. (NYSE: ITC) Wednesday announced that it has priced an underwritten public offering of $550 million aggregate principal amount of senior unsecured notes. The notes include $250 million aggregate principal amount of 4.05 percent senior notes due 2023 and $300 million aggregate principal amount of 5.30 percent senior notes due 2043.

WWJ Newsradio 950–06/26/2013


ITC, Entergy Get Transaction Approval From Feds

ITC Holdings Corp. (NYSE: ITC) Friday announced that its proposed buyout of the transmission lines of New Orleans-based Entergy Corp. (NYSE: ETR) has received approval from the Federal Energy Regulatory Commission.

WWJ Newsradio 950–06/23/2013

Southwest Power Pool Approves ITC Project

ITC Great Plains LLC, a subsidiary if Novi-based ITC Holdings Corp., announced that the Southwest Power Pool has approved the Elm Creek to Summit transmission line project. The project will improve the reliability of the high-voltage grid in central Kansas.

WWJ Newsradio 950–03/24/2013


ITC Holdings Schedules Special Shareholder Meeting in Connection with Entergy Transaction

ITC Holdings Corp. has scheduled an April 16 special meeting of shareholders to vote on its acquisition of the electric transmission business of Entergy Corp.

WWJ Newsradio 950–02/26/2013


Entergy Texas, ITC File Final Transaction Request

Entergy Texas Inc., in conjunction with ITC Holdings Corp. (NYSE: ITC) and ITC Midsouth LLC, have filed a requewt at the Public Utility Commission of Texas to spin off Entergy Texas’ electric transmission business and merge it into a subsidiary of ITC.

WWJ Newsradio 950–02/20/2013